DULUTH, Minn. --(BUSINESS WIRE)--Jan. 9, 2020-- ALLETE Clean Energy, a wholly owned subsidiary of ALLETE (NYSE: ALE), sold Class A passive membership interests in Great American West Wind LLC to JPM Capital Corporation on Dec. 30, 2019 , in support of the Glen Ullin Energy Center wind site in North
Company expands wind fleet with addition of 106-megawatt Glen Ullin Energy Center in North Dakota DULUTH, Minn. --(BUSINESS WIRE)--Dec. 10, 2019-- ALLETE Clean Energy, a wholly owned subsidiary of ALLETE (NYSE: ALE), announced today that its Glen Ullin Energy Center about 40 miles west of Bismarck,
DULUTH, Minn. --(BUSINESS WIRE)--Nov. 6, 2019-- ALLETE, Inc. (NYSE: ALE) today reported third quarter 2019 earnings of 60 cents per share on net income of $31.2 million . Last year’s results were 59 cents per share on net income of $30.7 million , which included 3 cents per share and $1.7 million
Continued investments in Energy Forward are transforming how energy is produced, delivered and used DULUTH, Minn. --(BUSINESS WIRE)--Nov. 1, 2019-- Minnesota Power , a utility division of ALLETE (NYSE: ALE), is filing a request today with state regulators to increase its annual operating revenue by
DULUTH, Minn. --(BUSINESS WIRE)--Oct. 24, 2019-- The ALLETE, Inc. (NYSE:ALE) board of directors has declared a quarterly dividend of 58.75 cents per share of common stock. On an annual basis the dividend is equivalent to $2.35 per share, unchanged from the previous quarter.
DULUTH, Minn. --(BUSINESS WIRE)--Oct. 3, 2019-- ALLETE, Inc. (NYSE:ALE) will announce its financial results for the third quarter before the stock markets open on Wednesday, November 6, 2019 . Following the release, ALLETE Chairman and Chief Executive Officer Alan R. Hodnik , President Bethany M.
DULUTH, Minn. --(BUSINESS WIRE)--Aug. 13, 2019-- ALLETE Clean Energy, a wholly owned subsidiary of ALLETE (NYSE: ALE), is in the middle of its biggest wind energy construction year as it celebrates this week’s American Wind Week. ALLETE Clean Energy is poised to nearly double its carbon-free wind
DULUTH, Minn. --(BUSINESS WIRE)--Aug. 1, 2019-- ALLETE, Inc. (NYSE: ALE) today reported second quarter 2019 earnings of 66 cents per share on net income of $34.2 million . Last year’s results were 61 cents per share on net income of $31.3 million . "Clean energy investments at both our regulated
DULUTH, Minn. --(BUSINESS WIRE)--Jul. 25, 2019-- The ALLETE, Inc. (NYSE:ALE) board of directors has declared a quarterly dividend of 58.75 cents per share of common stock. On an annual basis the dividend is equivalent to $2.35 per share, unchanged from the previous quarter.
DULUTH, Minn. --(BUSINESS WIRE)--Jul. 10, 2019-- ALLETE, Inc. (NYSE:ALE) will announce its financial results for the second quarter before the stock markets open on Thursday, August 1, 2019 . Following the release, ALLETE Chairman and Chief Executive Officer Alan R. Hodnik , President Bethany M.